Yura Corp. Applies Quality Management to All Areas of Operation
- Company to continue to press ahead with quality reform management program

Yura Corp. attributes its winning of the Quality Management Award to its quality reform plan over all phases of its operation ranging from quality, R&D, and to production.
President Uhm Byung-yoon wants to share the honor with all of the company's officers and staff as he feels the award came in their way as a result of their full effort to reform the company. The establishment of the quality management system backed up the company's long-term vision to become "Global Top EEDS Maker." The company intends to continue to beef up the system for customer satisfaction and the development of the automobile industry.
The company launched the quality management system in order to strengthen its competitive edge amid intensifying competition characterized by large-scale mergers and excess supply
The company's push for the system has paid its dividends in the form of the award on its way to becoming the global top eeds maker by 2008 The company also challenged to win the award this year in order to see how others evaluate its standing in the industry to get their recommendations and make up an accelerated quality management system.
First, to set up the quality management system, the company tried to obtain the international automobile quality system ISO/TS 16949 and environment management system ISO 14001 and got them for transparent management and obtaining uniform quality and built an integrated quality and environment system. Second, the company adopted the 6 sigma managerial reform activity and strengthened it. Third. The company raised the awareness of its employees on the quality management activity by detailing the expenses that went into running the system, which led to activities to cut production costs, which stabilized the expenses that went into maximizing customer satisfaction in its products. Finally, the company has been steady in carrying out the product safety management system through education of all employees on the responsibility for products.
The benefits obtained from the quality management system can be summarized in two items. The rate of defective products in the production process has been cut by 43 percent year-on-year and the result from the system amounted to 5 billion won in cost savings. The claims rate also dropped to 0.5 percent this year from 0.8 percent last year. The system has been able to open communications inside the company between departments and officials and staff, among the intangible effects gained from the system. It also raised the awareness for reform and participation with clarifying the territory of responsibility and reorganization of systems and quality awareness centered on customers. It also upgraded employees voluntary actions to independent problem solving.
Above all else, it systematized the pay and incentive systems so that employees would be glad to work for the company with great achievements.
In order to achieve the global top eeds(electrical, electronic distribution system) maker in the world, the company is willing to introduce the safety health system for the sake of safety of employees and their health and operate it in conjunction with the quality and environment system. It also plans to pool all of its R&D parts together to cope with changing international business environment by developing new technologies so the company would be better able to challenge new competition. The company will beef up its quality management system in the future to make itself armed with creative and challenging spirit to surmount all kinds of challenges ahead.
The company's plant is located in Hwasung City, Gyeonggi Province, capitalized at 3.55 billion won. Its turnover this year is projected to amount to 113.8 billion won against 90.7 billion won last year. Its major product lines include wiring harness, and airbags. The number of its employees on its payroll total 439. nw